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Summary of Operating Segments (Unaudited)
9 Months Ended
Sep. 30, 2012
Summary of Operating Segments [Abstract]  
Summary of Operating Segments

Summary of Operating Segments

General Electric Company and consolidated affiliates

 Three months ended September 30 Nine months ended September 30
 (Unaudited) (Unaudited)
(In millions)2012 2011 2012 2011
            
Revenues(a)           
   Energy Infrastructure$ 12,180 $ 10,855 $ 35,267 $ 30,706
   Aviation  4,781   4,835   14,527   13,935
   Healthcare  4,307   4,332   13,107   12,920
   Transportation  1,409   1,287   4,244   3,421
   Home & Business Solutions  2,120   2,094   6,415   6,236
Total industrial segment revenues  24,797   23,403   73,560   67,218
   GE Capital  11,369   12,015   34,269   37,491
      Total segment revenues  36,166   35,418   107,829   104,709
Corporate items and eliminations(a)  183   (54)   203   4,607
Consolidated revenues and other income$ 36,349 $ 35,364 $ 108,032 $ 109,316
            
Segment profit(a)           
   Energy Infrastructure$ 1,695 $ 1,503 $ 4,974 $ 4,436
   Aviation  924   862   2,708   2,662
   Healthcare  620   608   1,899   1,850
   Transportation  265   196   779   531
   Home & Business Solutions  61   38   218   218
Total industrial segment profit  3,565   3,207   10,578   9,697
   GE Capital  1,679   1,519   5,593   4,924
      Total segment profit   5,244   4,726   16,171   14,621
Corporate items and eliminations(a)  (1,019)   (703)   (3,529)   1,105
GE interest and other financial charges  (294)   (356)   (960)   (1,032)
GE provision for income taxes  (477)   (378)   (1,319)   (4,437)
Earnings from continuing operations attributable            
  to the Company  3,454   3,289   10,363   10,257
Earnings (loss) from discontinued operations,            
  net of taxes, attributable to the Company  37   (65)   (733)   164
Consolidated net earnings attributable to           
   the Company$ 3,491 $ 3,224 $ 9,630 $ 10,421
            
            

  • Segment revenues includes both revenues and other income related to the segment. Segment profit excludes results reported as discontinued operations, earnings attributable to noncontrolling interests of consolidated subsidiaries, GECC preferred stock dividends declared and accounting changes. Segment profit excludes or includes interest and other financial charges and income taxes according to how a particular segment's management is measured – excluded in determining segment profit, which we sometimes refer to as “operating profit,” for Energy Infrastructure, Aviation, Healthcare, Transportation and Home & Business Solutions; included in determining segment profit, which we sometimes refer to as “net earnings,” for GE Capital. Results of our run-off insurance operations previously reported in Corporate items and eliminations are now reported in GE Capital.

 

See accompanying notes.